Incorporated in 1989, Power Grid Corporation of India Limited (PGCIL) is Indian government owned, public sector enterprise. PGCIL is in the business of transmission of electric power in India. It owns and operates a large network of transmission lines and infrastructure that constitutes most of India’s interstate and inter-regional electric power transmission system and carries electric power across India.
They are India's principal electric power transmission company. As on September 30, 2013 they owned and operated more than 90% of India’s ISTS which, inter-alia, includes interregional transmission links. They owned and operated 102,109 circuit kilometers of electrical transmission lines and 172 substations with a total transformation capacity of 172,378 MVA.
The object of the issue are to:
1. Carry out the disinvestment of 185,189,014 Equity Shares of 10 each by the Selling Shareholder.
2. Meet the capital requirements for the implementation of certain identified transmission projects ("Identified Projects"); and
3. General corporate purposes.
»» Issue Open: Dec 3, 2013 - Dec 6, 2013
»» Issue Type: Book Built Issue FPO
»» Issue Size: 787,053,309 Equity Shares of Rs 10 aggregating up to Rs 6,958.64 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 85 - Rs 90 Per Equity Share
»» Market Lot: 150 Shares
»» Minimum Order Quantity: 150 Shares
»» Listing At: BSE, NSE
Power Grid Corporation of India FPO, Power Grid FPO, PGCIL FPO Bidding, Power Grid FPO Allotment Status, Powergrid drhp and Power Grid Corporation of India Limited FPO listing.
|Number of Times Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Employee||Total|
|Shares Offered / Reserved||392,026,655||117,607,996||274,418,658||3,000,000||787,053,309|
|Day 1 - Dec 3, 2013 17:00 IST||0.1100||0.0000||0.0000||0.0000||0.0600|
|Day 2 - Dec 4, 2013 17:00 IST||2.0100||0.0000||0.1600||0.1700||1.0600|
|Day 3 - Dec 5, 2013 17:00 IST||9.0900||0.1200||0.6500||0.4800||4.7700|
|Day 4 - Dec 6, 2013 17:00 IST||9.0900||9.7000||2.1700||1.3100||6.7400|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Flat Rs 20 Per Trade
Free Equity Delivery Trades
Rs 100 off on account opening*
(* on online account opening)
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)
Request Call Back